# PPP loan: ELECTRONIC BUSINESS MACHINES COMPANY
> **$399K** approved 02/09/2021 · Paid in Full · Loan `5702368404`
## Borrower
- **Name:** ELECTRONIC BUSINESS MACHINES COMPANY
- **Address:** 802 134th St SW Ste 170, Everett, WA, 98204-7320
- **NAICS:** 423420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $401K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $399K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*